In the Context of the Human Relations Approach to Management

question 80

Multiple Choice

In the context of the human relations approach to management, _____ argued that people try to satisfy their lower-level needs and then progress upward to the higher-level needs.

• A) Elton Mayo
• B) William Procter
• C) Frederick Taylor
• D) Abraham Maslow
• E) Fritz Roethlisberger

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Definitions:

Equity

The value of an ownership interest in property, including shareholders' equity in a corporation, representing the residual value to shareholders after debts and liabilities have been settled.

Private Placement

The sale of securities to a relatively small number of select investors as a way of raising capital.

Angels

Affluent individuals who provide capital for business start-ups, often in exchange for convertible debt or ownership equity.

Wealthy Individuals

Affluent persons with significant disposable income, often targeted by companies or fund managers as potential investors in ventures or high-value products.